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$825,000

NAL Estimated Property Value

203 Royal Lakes Blvd, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,369 Sq Ft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size33,695 sqft

Building Information

Year Built2020
Garage Spaces4

Land Information

APN7935-02-004-0010-901
Lot Number1
SubdivisionRoyal Lakes Estates Sec 2
Land UseResidential
Legal DescriptionROYAL LAKES ESTATES SEC 2, BLOCK 4, LOT 1
Census Tract675503
Assessed Land Value$161,734
Assessed Improvement Value$629,967
Assessment Year2025

About this property

Largest vacant lot currently in the highly sought after gated community of Royal Lakes Estates! Country estate living at its finest featuring over 3/4 of an acre (33,695 sqft)! Super LOW 1.854% tax rate. This corner lot located at the front of the community has been cleared & is ready to build on! Don't miss out on your opportunity to own a piece of Royal Lakes Estates which features 329 acres of land, 48 acres of scenic lakes (feel free to fish!), an Equestrian Center (additional monthly costs apply), riding trails, sports field (baseball), parks and many common areas!

Investor Tools

Property Icon
$825,000
Estimated Property Value
$428,243Estimated Mortgage Balance
$396,757Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,379/month
$1,045/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,421
$791,701
2025
$161,734
$629,967
$791,701
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,421
$791,701

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bbva Usa
Building Or Construction Loan
$484,000
No
First
Jun 22, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$428,243
$363,458
45%
52%
$2,902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$3,947/mo
$-2,167/mo
2.6%

City: Richmond

203 Royal Lakes Blvd | Property Details | No Agent List